Falling towards overlap support?GBP/USD is falling towards the support level which is an overlap support and could bounce from this level to our take profit.
Entry: 1.3203
Why we like it:
There is an overlap support level.
Stop loss: 1.3056
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracement.
Take profit: 1.3412
Why we like it:
There is a pullback resistance level.
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GBPUSD
As the dollar's weak trend signals an endTrump's remarks and attitudes in trade negotiations have had a significant impact on the market 📈💥
His change in attitude towards the Federal Reserve Chairman first triggered investors' concerns about the Fed's policy, leading them to seek refuge in gold and causing the price of gold to rise 🏆🚀. Later, his remarks alleviated those concerns, prompting funds to flow back into dollar-denominated assets and causing the price of gold to decline from its peak levels 📉💔
In terms of trade negotiations, potential easing measures may reduce the demand for gold as a safe-haven asset ⏳
Taken together, these factors may imply that market confidence in the dollar has been somewhat restored 🌟. When signs of the end of the dollar's weak trend emerge 📊, more funds flow into dollar assets 💸. Against the backdrop of this change in the direction of capital flows, the GBPUSD has declined 😔
⚡⚡⚡ GBPUSD ⚡⚡⚡
🚀 Sell@1.32800 - 1.32600
🚀 TP 1.32200 - 1.32000
The market has been extremely volatile lately 📈📉 If you can't figure out the market's direction, you'll only be a cash dispenser for others 💰
GBPUSD – Rejected at Multi-Month Resistance Amid Weak UK DataGBPUSD has clearly rejected the 1.3413–1.3443 resistance zone—a key area that previously acted as strong supply in September 2024. The pair has formed a bearish rejection candle and is now showing signs of downward momentum.
Key Levels:
Resistance: 1.3413 – 1.3443 (major rejection zone)
TP1: 1.3176 (minor structure)
TP2: 1.3014 (key demand zone)
TP3: 1.2890 (deeper support target)
Bearish Confluences:
Price rejected from major resistance
Bearish candle formation
Previous similar reaction from the same level
Momentum indicators favor downside
📰 Fundamental Analysis:
🔻 UK Data Weakens Further:
According to the latest S&P Global Flash UK PMI (Apr 23):
Composite Output Index: 48.2 (vs 51.5 in March) – 29-month low
Services PMI: 48.9 – 27-month low
Manufacturing PMI: 44.0 – 20-month low
This shows UK private sector activity contracting, led by a steep fall in new export orders, the worst since May 2020.
🔺 Inflation Still High:
Despite falling activity, input and output prices surged, driven by National Insurance hikes and wage growth. This makes it harder for the BoE to justify a cut, despite recession signs.
📌 Conclusion:
The bearish rejection at 1.3413 resistance, combined with deteriorating UK fundamentals, suggests a strong downside setup for GBPUSD. A break below 1.3176 would confirm the bearish move, targeting 1.3014 and potentially 1.2890.
eurusd h1 best level to buy/hold +140 pips🏆 EURUSD Market Update
📊 Technical Outlook
🔸Short-term: BEARS 1280
🔸Mid-term: BULLS 1420
🔸Status: REVERSAL from S/R
🔸pullback in progress right now
🔸expecting bounce at key s/r
🔸Price Target Bears: 1280
🔸Price Target BULLS: 1420
🔸strategy: BUY LOW exit 1420
🔸+140 pips on BUY side
GBPUSD Analysis 10:06AM. Are the Bear's stepping in? I’ve been watching GBP/USD closely as price continues to slide, now reaching 1.32848. The initial rejection near 1.33250 confirmed institutional sell pressure, and the breakdown below 1.32950 suggests further downside movement.
At this stage, price is sitting just above the 1.32750–1.32800 support zone, which could act as a temporary demand level. If buyers step in here, we might see a corrective bounce toward 1.33050–1.33250, but only with solid confirmation. However, fundamentals remain bearish—UK Services PMI dropped to 48.9, signaling economic contraction, adding further weight to GBP downside.
Technical indicators reinforce the sell-side momentum. MACD remains weak, indicating sellers still control the market. RSI near 41.70 suggests there’s room for further declines but signals that price is approaching oversold territory. The ADX at 29.52 confirms a developing trend, though not yet fully directional.
Given these conditions, my plan remains focused on a sell setup near 1.32950, using it as a retest level. If price rejects this zone, it strengthens the short bias toward 1.32700, a key liquidity target. On the other hand, if price stabilizes at 1.32750–1.32800, I'll reassess whether institutional players are absorbing sell orders for a potential reversal.
Right now, my focus is on price reaction near support. If sellers keep control, this drop could extend further, but if signs of buy-side defense appear, a temporary bounce may develop. I'll wait for clear confirmation before executing my next position.
XAU/USD: New ATH ~ $3500, What's Next? (READ THE CAPTION)Upon reviewing the 15-minute gold chart, we can see that the price once again reached a new high today, rallying up to the key psychological level of $3500. Following this move, gold has experienced a pullback down to $3423 so far. If the price stabilizes below $3442, we will likely see a further correction toward the next target at $3411. (This analysis will be updated)
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
GBPUSD SHORT FORECAST Q2 W17 D23 Y25GBPUSD SHORT FORECAST Q2 W17 D23 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, shall see you at the very top.
🎯Trade consistent, FRGNT X
Cable H1 | Approaching an overlap supportCable (GBP/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 1.3200 which is an overlap support.
Stop loss is at 1.3110 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement.
Take profit is at 1.3415 which is a multi-swing-high resistance.
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Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
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+300/+500 pips EURJPY Swing Trade Setup H4 TF🏆 EURJPY Market Update H4 chart
📊 Technical Outlook
🔸trading in well defined range
🔸Short-term: BULLS final pump
🔸Mid-term: BEARS 158.00
🔸Status: REVERSAL from S/R
🔸163.50/165.00 heavy resistances
🔸158.00/156.00 key s/r zones below
🔸Price Target Bears: 158
🔸Price Target BULLS: 1140/1160
🔸strategy: SHORT SELL 163.50
🔸SL 75 pips TP1 +300 pips TP2 +500 pips
🔸swing trade setup for patient traders
📊 Forex Market Update (April 23, 2025)
🇪🇺 EUR/USD
📉 Price: ~1.1380
💪 Pressure from strong USD
🔻 Weak German PMI; ECB may cut rates
⚠️ Key Levels: Support 1.1300 | Resistance 1.1400
🇬🇧 GBP/USD
📉 Price: ~1.3300 (Down from 7-month high at 1.3424)
🇺🇸 USD rebound on Trump's comments
🏦 Market cautious on BoE policy
⚠️ Key Levels: Support 1.3280 | Resistance 1.3420
🇺🇸 DXY (US Dollar Index)
📈 Price: 99.18 (Recovering from recent low 97.92)
🗣️ Boosted by Trump reassurance on Fed leadership
⚠️ Remains pressured by trade tensions & Fed concerns
📌 Key Levels: Support 95, 90 | Resistance 101, 107
🔔 Market Volatility Alert: Watch for geopolitical updates & central bank news closely!
GBPUSD - NEXT STOP @1.34343?1. MARKET OVERVIEW
GU has been on a very strong uptrend since January so i'm expecting that momentum to continue this week aiming for the old high @1.34343 which is also the Previous Year's High (PYH) and a Key Level.
2. KEY LEVELS I'M WATCHING
* Draw On Liquidity(DOL): 1.34343
* Point Of Interest(POI): 1.32411 - 1.32500
3. TRADE BIAS & SCENARIOS
I'll stick on being bullish for the rest of the week until price gets to my target which is the PYH(Previous Year High). I'll execute on my buys only if price trades to my POI before trading to my target, on the condition that price trades higher early in the week and gets to my target(without first trading to my POI) i'll cancel my trade order and switch neutral on my BIAS.
4. FINAL NOTE
Patience is key, i'll wait for price to come to me and not chase price.
Tell me what you guys think about this in the comment.
Massive Rally, Massive Resistance – Time to Sell GBPUSD?The last two weeks felt like a rollercoaster for GBPUSD. It all started with a gap down on Monday, April 7, but that weakness didn’t last. The pair filled the gap and then rallied hard – over 700 pips!
🤔 Key Question – Is the move sustainable, or are we topping out?
Now the pair is approaching a massive resistance zone, one that dates back to 2019. While the bullish sentiment and USD weakness could push it toward 1.3500, this isn’t a breakout I’d blindly chase.
📉 Why I'm expecting a reversal:
Price is entering a long-term resistance area – a major barrier.
700 pips of upside happened fast – a pullback is likely.
USD weakness might fade, creating downward pressure.
1.3450–1.3500 is my key sell zone.
📊 My Trading Plan:
I’ll be watching for clear signs of weakness near 1.3450 – such as rejection candles or slowing momentum. If the market confirms, I’m looking for a 500 pip move down, with 1.3000 as the first major target.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
GBPUSD Analysis with ICT ConceptsMy current outlook on the British Pound is bearish, with an expectation of lower levels in the near term.
A key level I am anticipating price to reach is the Weekly Open, which has not yet been touched.
Yesterday's price action seems to be confirming this potential move towards the Weekly Open.
Therefore, I am actively looking for confirmed short position opportunities to align with this view.
Trade safe!
GBPUSD Analysis 4/22 4:51pmGBP/USD Analysis – Institutional Liquidity, Price Action & Trade Setup
Right now, I'm analyzing GBP/USD at 1.33287 in the context of institutional behavior, technical indicators, and upcoming economic events. My focus is on institutional liquidity absorption at resistance, monitoring key levels for an optimal entry.
Technical Overview
Resistance Zone: 1.33895–1.34234 has been a critical level where price struggled to break higher, suggesting institutional absorption.
Support Zone: 1.33200–1.33150 remains an area where buyers could step in, but if it fails, the next downside target is 1.32677–1.32864.
Momentum Indicators: RSI (66.15 on the hourly) signals strong momentum, but MACD shows slight bearish divergence, hinting at trend exhaustion.
ADX Strength: The 30-minute ADX at 73.43 confirms trend momentum, but the hourly ADX at 17.12 indicates slowing movement, signaling potential institutional positioning.
Price Action Insights
Lower Highs Forming: Each successive high has been failing, reinforcing the idea that sellers are stepping in at resistance.
Liquidity Absorption at 1.33895–1.34234: Institutional players might be taking the other side of buy orders, meaning a trap for retail longs before a drop.
Bearish Rejection at 1.33450–1.33600: If price pulls back to this zone and prints a long upper wick, it confirms sell-side control.
Volume Profile & Institutional Activity
Volume Clustering at Resistance: Previous highs show volume absorption rather than continuation, reinforcing a bearish bias.
Delta Imbalance Considerations: Watching sell-side aggression near key levels to confirm institutional pressure.
Accumulation/Distribution Patterns: Weekly AD is negative, indicating some distribution rather than accumulation.
This approach ensures I'm trading with institutional positioning rather than chasing price movements. I remain patient, watching key zones for liquidity absorption before executing.
GBPUSD Analysis 4/22 11:22amJust FYI i entered my last trade too early. Ill make sure all the signals align next time. I took my losses and kept it moving.
GBP/USD Analysis – Institutional Liquidity & Price Action Setup
Over the past few weeks, GBP/USD has been in a steady uptrend, posting higher highs and higher lows. However, 1.34234 remains a critical resistance level, and price is showing signs of absorption, suggesting institutions may be stepping in.
Technical Overview
Recent Highs & Lows: Price peaked at 1.34234, with recent support around 1.33750.
Momentum Indicators: The daily RSI remains elevated near 67.8, signaling strong buying interest, but MACD and stochastic fast readings indicate fluctuations.
ADX Strength: The 30-minute ADX at 72.4 confirms trend strength, but a fading Aroon Oscillator hints that past bullish waves might be losing steam.
Price Action Insights
Higher Highs Forming: The past few days show price continuously pushing up, but rejection wicks near 1.33895–1.34234 suggest sell-side pressure building.
Potential Lower High Formation: If institutions are absorbing liquidity here, they could be preparing to push price down—meaning a short trade setup is forming.
Key Levels to Watch: A break below 1.33750 would confirm bearish momentum, while a clean move above 1.34234 with volume would signal continuation.
Volume Profile & Institutional Activity
Liquidity Absorption at Resistance: Institutions may be letting retail traders push price up while absorbing their buy orders. If volume clusters at the highs without a breakout, this suggests a reversal could be incoming.
Delta Imbalance Considerations: Watching order flow, if sell-side aggression picks up near resistance, it strengthens the bearish case.
Volume Spikes & Clustered Activity: If liquidity at 1.33895–1.34234 shows tapering buy-side volume without a breakout, institutions may be trapping longs before driving price down.
Trade Plan
Given all of this data, my best entry setup is a sell near 1.33895–1.34234, waiting for confirmation:
Hourly Rejection Candles: A long upper wick or bearish engulfing candle near resistance would confirm sellers stepping in.
Target: A downside move toward 1.33200, where prior liquidity sits, would be a strong take-profit zone.
On the flip side, if price breaks above 1.34234 with strong bullish volume, I’ll reassess and look for a buy on a retest, confirming institutional accumulation.
This analysis helps me stay disciplined, tracking institutional positioning and liquidity traps rather than chasing impulsive moves. For now, I’m watching hourly candles and volume behavior at resistance before executing my next trade.
GBPUSD is in the Selling DirectionHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPUSD INTRADAY bullish breakout supported at 1.3288GBP/USD maintains a bullish bias, with the broader trend and structure supporting upside continuation. The recent intraday move appears to be a bullish breakout toward a key prior consolidation area.
Key Support: 1.3288 – aligns with the previous consolidation zone and potential bullish inflection point.
Upside Targets:
1.3435 – initial resistance level
1.3500 and 1.3580 – medium to long-term bullish targets
If price finds support at 1.3288 and forms a bullish reversal, it would confirm the continuation of the uptrend toward the mentioned resistance levels.
However, a break and daily close below 1.3288 would invalidate the bullish scenario, suggesting deeper retracement toward 1.3210, with further support at 1.3120 and 1.2980.
Conclusion
GBP/USD remains bullish above 1.3288. Look for a bounce from this level to confirm upside continuation. A daily close below 1.3288 would turn the outlook bearish, exposing lower support levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURUSD and GBPUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/USD is Overbought at Critical Resistance LevelFenzoFx—GBP/USD climbed to $1.3435, a key resistance near the September 2024 high. While the trend remains bullish, overbought signals from Stochastic and RSI-14 suggest limited upside.
If the pair stays below $1.3435, it may retreat to 1.3295 or even 1.3202.
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